Ch 17. Fraud training correctly answered
already passed
What is the focus of the fraud division within the enforcement branch?
A. Fraud committed against the consumer.
B. Fraud committed against the insurer.
C. Fraud committed by agents or brokers.
D. Fraud committed against elderly/seniors. - correct answer ✔✔B. Fraud
committed against the insurer.
In looking at your other options, here, fraud committed against the consumer,
does not meet the definition of insurance fraud. Fraud committed against elders
or seniors also won't meet the definition unless the fraud includes an element of
misrepresentation on an insurance policy, where the insurance company is the
victim . The final option, fraud committed by agents or brokers is not the
responsibility of the fraud division, but rather the responsibility of the
investigative division that you've just heard about.
Which of the following is the largest branch within the California Department of
insurance?
A. Legal branch.
B. Licensing branch.
C. Enforcement branch.
D. Customer Service branch. - correct answer ✔✔C. Enforcement branch.
Of the 11 branches within the California Department of insurance, the
enforcement branch is the largest
, What are the two divisions of the enforcement branch of the California
Department of insurance?
A. Investigative and fraud
B. Executive and legislative.
C. Enforcements and referrals.
D. Consumer fraud and insure fraud. - correct answer ✔✔A. Investigative and
fraud.
The enforcement branch has two divisions, the investigation division, and the
fraud division
How many operational branches exist in the California Department of insurance?
A. 11.
B. 7
C. 9
D. 5 - correct answer ✔✔A. 11
Remember, there are 11 branches, with the enforcement branch being the largest
From the CDI website, an agent or broker report suspected insurance fraud via
what portal?
A. SIU annual report portal.
B. Company reporting portal.
C. Agent portal.
D. Consumer reporting portal. - correct answer ✔✔D. Consumer reporting portal.
already passed
What is the focus of the fraud division within the enforcement branch?
A. Fraud committed against the consumer.
B. Fraud committed against the insurer.
C. Fraud committed by agents or brokers.
D. Fraud committed against elderly/seniors. - correct answer ✔✔B. Fraud
committed against the insurer.
In looking at your other options, here, fraud committed against the consumer,
does not meet the definition of insurance fraud. Fraud committed against elders
or seniors also won't meet the definition unless the fraud includes an element of
misrepresentation on an insurance policy, where the insurance company is the
victim . The final option, fraud committed by agents or brokers is not the
responsibility of the fraud division, but rather the responsibility of the
investigative division that you've just heard about.
Which of the following is the largest branch within the California Department of
insurance?
A. Legal branch.
B. Licensing branch.
C. Enforcement branch.
D. Customer Service branch. - correct answer ✔✔C. Enforcement branch.
Of the 11 branches within the California Department of insurance, the
enforcement branch is the largest
, What are the two divisions of the enforcement branch of the California
Department of insurance?
A. Investigative and fraud
B. Executive and legislative.
C. Enforcements and referrals.
D. Consumer fraud and insure fraud. - correct answer ✔✔A. Investigative and
fraud.
The enforcement branch has two divisions, the investigation division, and the
fraud division
How many operational branches exist in the California Department of insurance?
A. 11.
B. 7
C. 9
D. 5 - correct answer ✔✔A. 11
Remember, there are 11 branches, with the enforcement branch being the largest
From the CDI website, an agent or broker report suspected insurance fraud via
what portal?
A. SIU annual report portal.
B. Company reporting portal.
C. Agent portal.
D. Consumer reporting portal. - correct answer ✔✔D. Consumer reporting portal.
